Skip to main content

CNH is investing in a new construction equipment factory in Brazil

CNH is planning to build a new factory at Minais Gerais in Brazil in an investment worth some US$341.4 million (R$600 million). The factory will be located in Montes Claros, in the northern part of Minas Gerais.
January 6, 2017 Read time: 2 mins
1595 CNH is planning to build a new factory at Minais Gerais in Brazil in an investment worth some US$341.4 million (R$600 million). The factory will be located in Montes Claros, in the northern part of Minas Gerais. The firm has signed a Memorandum of Understanding with the authorities in Minas Gerais (Brazil) at 2729 Fiat Industrial’s headquarters in Turin, Italy. The agreement was reached during a visit by a Minas Gerais state government delegation, led by Governor Antonio Anastasia. “This agreement strengthens our ties to the state of Minas Gerais and reconfirms a commitment started 40 years ago with Fiat’s first investments in the region. Minas Gerais holds a prominent place in the Brazilian economy and therefore is an ideal location for Fiat Industrial, and for CNH in particular, to grow in Brazil,” said Sergio Marchionne, chairman of Fiat Industrial and CNH.

The plant in Montes Claros will add to the company’s presence in Minas Gerais, which includes a facility in Contagem. Originally established in 1970, the site was the first Fiat factory to be located in Brazil, and currently produces equipment for CNH’s construction brands, 176 Case and 5895 New Holland Construction. The new plant is scheduled to begin operations in 2014. It is expected to generate about 2,700 jobs, 700 of which will be direct and 2,000 from a supplier hub for parts and components that will be established in the vicinity of the factory. The total area of the complex in Montes Claros is expected to be some 2,000,000m2, with 700,000m2 for the plant itself.

%$Linker: External 0 0 0 oLinkExternal www.cnh.com CNH false http://www.cnh.com/ false false%>

%$Linker: 2 Internal 2 4824 0 oLinkInternal <span class="oLinkInternal"><span class="oLinkInternal">View more videos</span></span> Video false /event-news/intermat-2012/video/ true false%>

For more information on companies in this article

Related Content

  • Liebherr 150EC-B is latest flat-top crane
    February 7, 2013
    Liebherr will show a modular design flat-top tower crane in the 150EC-B at this year’s Bauma. The 150EC-B is available in FR.tronic, with traditional contractor controls, or Litronic version with programmable logic controls. The flat-top crane can be had in 6 tonne and 8 tonne versions, with a maximum hook height of 63m and maximum working radius of 60m. Lift capacity at full radius is 1,700kg.
  • INTERMAT launch for Volvo DD25 asphalt roller
    January 6, 2017
    Designed for smaller compaction projects, Volvo’s DD25 and DD25W are double drum compactors that fit into the 2.5 tonne weight class.
  • INTERMAT launch for Volvo DD25 asphalt roller
    February 7, 2012
    Designed for smaller compaction projects, Volvo’s DD25 and DD25W are double drum compactors that fit into the 2.5 tonne weight class.
  • GA introduces expanded parts range at INTERMAT 2012
    January 6, 2017
    GA will be introducing a new family of parts at INTERMAT as well as a new range of gaskets. The company makes and sells aftermarket parts for earthmoving machines. It has extended its range to cover Komatsu, Hitachi, Volvo and Liebherr equipment in addition to the parts for Caterpillar machines that it already supplied.